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Investment Property » For Sale » Egypt » Al Bahr Al Ahmar » Beach Resort Hurghada    

Beach Resort Hurghada


Location

Egypt
Al Bahr al Ahmar
Hurghada

Available units

  

1 bedroom apartment
£26,500

  

2 bedroom apartment
£53,000

  

3 bedroom apartment
£63,000

Delivery date: March 2009
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Property ID: 320137






     
 

 Description

Key selling points

  • Swimming Pools
  • Private and exclusive beach
  • Hotel style reception area with room service
  • Gated 24 hour secure entrance
  • Private gardens

This stunning “off plan” resort is situated on the road to El Gouna city, north of Hurghada directly on the beach approximately 15 minutes by car from Hurghada International airport and 10 minutes by car from the down town and the shopping centre of Hurghada. The views from this project are of the beautiful blue waters and sandy beach of this gorgeous coastline.

The first phase of this project included apartments and villas which have been completed and sold, this is the opportunity to purchase in the second phase to be delivered by March 2009. A great development designed and project managed by and Italian/ English company is being built on four floors with a large choice of apartment sizes and with prices starting from ÂŁ26.995 for a studio- a fantastic investment.

Maintenance and Management Charges:

Individual owners will be invited to form a ‘members committee’ at the fist Annual General Meeting. The ‘members committee’ will be invited to liaise and communicate with the management company in order to review future facilities, requirements and recommendations on behalf of all owners. The ‘members committee’ will be set up as a non-profit organization. An element of the management charges

The sum of £7.50 GBP per m2 of your apartment size is charged annually at Palma Resort for the up keep and maintenance of the resort, this contribution will also be used to build up a ‘sinking fund’ to be used for future maintenance and general development of the facilities as required.

The areas that will be maintained within this fee include:

  • Swimming Pools
  • Gardens and public areas
  • Public terraces, Jacuzzis and BBQ areas
  • Lifts and stairs
  • Public toilets and showers
  • Reception area
  • Car parking area

 What else is included:

  • Buildings Insurance premiums
  • Weekly collection of refuse
  • Lighting within public areas
  • Mains link to high speed internet system (usage billed separately)
  • Free telephone calls within the development to other apartments / reception

Items that are specifically not covered:

  • Water supply to each apartment
  • Electricity supply to each apartment
  • Local / International calls made from the telephone system
  • Connection to paid-for satellite channels
  • Usage of the high speed internet connection
  • Cleaning and internal maintenance of individual apartments

 Amenities and General Facilities:

  • Private and exclusive beach
  • Private ‘jetty’ marina
  • On-site dive centre, kite surfing and windsurfing (tuition at cost locally)
  • Beach side bar and bistro
  • 2 large heated pools and a children’s pool
  • Children’s play area
  • Private games area
  • Hotel style reception area with room service, concierge
  • Continental piano bar with live music
  • A La Carte restaurant
  • Satellite TV, Internet broadband, Telephone system (all apartments have access to on a pay as you use basis)
  • Gated 24 hour secure entrance
  • Underground car parking available
  • On site travel agents for tours, dives, trips etc
  • Shuttle bus to Hurghada and El Gouna
  • Private gardens

Other Facilities Available Locally:

  • World class golf course in El Gouna
  • Tennis/Squash – El Gouna and Hurghada
  • Horse Riding – El Gouna
  • Medical Centre – El Gouna and Hurghada
  • Supermarkets – Hurghada
  • Bowling - Hurghada

 
     
     
 

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